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These two technology stocks could carve out a significant share of the AI market. We're still in the early days of the AI growth story, and these stocks are well positioned to benefit.

That amount represents a cut from the previous $50-per-share target. Yet, this Wall Street pundit still expects the price to bounce 23% higher.

Advanced Micro Devices (AMD) on Tuesday unveiled new processors optimized for artificial intelligence (AI) to expand its AI PC portfolio. The new products could help AMD better compete with Nvidia (NVDA) and Intel (INTC) in the AI era.

AMD's new processors will compete against Nvidia's and Intel's chips that are specifically designed for AI PCs.

Intel stock (NASDAQ NDAQ : INTC) is expected to publish its Q1 2024 results on April 25. We expect revenue for the quarter to come in at about $12.8 billion, roughly in line with consensus estimates.

Intel will release two AI chips with reduced capabilities for the Chinese market, in order to comply with U.S. export controls and sanctions.

The latest trading day saw Intel (INTC) settling at $36.31, representing a +1.74% change from its previous close.

As Washington tightens restrictions on high-tech exports to China, Beijing has intensified its push for self-sufficiency in critical industries., hampering chip firms like Intel (INTC) and Advanced Micro (AMD).

Now is a great moment to invest in technology stocks as a potential artificial intelligence (AI) revolution may lie ahead. It's wise to spread your investment across a basket of players that could win in the AI market over time.

Intel is making major changes to its business model that could boost earnings in the coming years. Meanwhile, Apple's stock popped this week after news of a shift in its Mac lineup.